Category: Trends

The future of insurance is here. Insurers can no longer wait on the sidelines. They must get in the game. What game you ask? The game of who will win the hearts and wallets of tomorrow’s insurance customer.

From the SolarWinds breach to the recent Microsoft Exchange server breach, 2021 is already shaping up to be a landmark year in cybersecurity.

The pandemic has facilitated the digital transformation of the global economy, and the insurance industry may be the next major market that’s ripe for disruption.

The COVID-19 pandemic has made many companies across all markets reevaluate what it takes to survive and grow during this global crisis. In the Insurance industry those tools are innovation and M&A activity.

Recently, there has been a seismic shift in the C-suite with most the likes of the CFO and CIO, among others, taking on much more strategic roles in the business. One roll though, that has largely remained unchanged for decades is that of the Chief Underwriting Officer.

Auto insurers are redefining themselves as mobility companies and in the future will be seeking to own the mobility experience using a vast mobility ecosystem, ideally building those ecosystems around their brands.

The pandemic has obliterated any lingering doubts that operating digitally is the only way to do and to stay in business—it’s ‘go digital’ or stare at that wall until the unthinkable happens.

Insurance aggregator GramCover provides affordable, customised, and well-rounded insurance products designed for agriculture and rural India. Founded in 2016, the agri insurance startup aims to become the centre of all risk and insurance in villages, ‘gai se gaadi tak’.